Finance - general
India top recipient of remittances with an estimated $80 bn in 2018
10 Dec 2018
The average cost of remitting in South Asia also remained the lowest at 5.4 per cent, while Sub-Saharan Africa continued to have the highest at 9 per cent
Govt pins hopes on its nominees as RBI board meeting continues
19 Nov 2018
The ongoing meeting of the Reserve Bank of India board is likely to find new ways to ease tension between the government and the central bank and ease credit flow
ADB extends $574 million in loans to India
16 Nov 2018
Former RBI chief Raghuram Rajan backs RBI’s autonomy call
06 Nov 2018
While Rajan commended RBI’s warning of risks stemming from government meddling of central bank affairs, he also said the RBI could inject liquidity to ease any cash crunch at financial institutions
Govt wants more than a third of RBI’s Rs9,59,000-cr reserves
06 Nov 2018
RBI views the government’s attempt to make the central bank a cash cow like state-run enterprises and dip into its reserves can adversely impact macro-economic stability, and has not accepted the proposed changes
FSDC meeting steers clear of RBI-finmin tussle
31 Oct 2018
Deputy governor Viral Acharaya’s criticism of the government encroaching on RBI turf came after the finance ministry invoked a not-yet-used Section 7 of the RBI Act that gives the government broad powers to give directions to the RBI in public interest